EXP Realty & Whitetail Properties Real Estate Facilitates $1.56M Sale Of 120-Acre Land in Wilmington
Ballou Road
$1,560,000
Building Size
—
Asset Type
Land
Closing
Feb 15, 2024
About this deal
AI
A 120-acre ranch located at 0000 Ballou Road in Wilmington was sold for $1,560,000. The transaction was facilitated by Randi Quigley of EXP Realty and Mark Leonard of Whitetail Properties Real Estate represented the seller.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,560,000
- Market: Wilmington
- Address: 0000 Ballou Road
- Asset Type: Land
- ACRES: 120
- Buyer's Rep: Randi Quigley - EXP Realty
- Seller's Rep: Mark Leonard - Whitetail Properties Real Estate
Randi Quigley from EXP Realty and Mark Leonard from Whitetail Properties Real Estate played pivotal roles in the successful sale of the 120-acre ranch. The collaboration between the two representatives led to the seamless completion of the transaction.
Players
Wilmington Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.17%
Cash-on-Cash
-2.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93